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Rupee gains 14 paise in opening trade

Press Trust of India  |  Mumbai 

The gained another 14 paise to trade at a two-week high of 63.95 against the US in opening trade today on selling by exporters and banks amid firm equities.

The dollar's weakness against other currencies overseas also supported the sentiment, a dealer said.

The moved between 63.98 per and 63.93 per dollar at the interbank forex market in early trade.

The dollar fell further against the yen to hit a 15-month low in Asian trade while the euro gained after a firm German growth.

Yesterday, the had gained 23 paise to close at 64.09 a dollar on sustained selling of the American by exporters and banks.

Meanwhile, the benchmark BSE Sensex rose by 167.12 points, or 0.48 per cent, to trade at 34,323.07 in morning trade.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, February 15 2018. 09:35 IST